122nd MAINE LEGISLATURE
LD 593 LR 2036(02)
An Act To Alter Trade-in Allowances Regarding Motor Homes
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Taxation
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $194,356 $287,818 $306,863 $327,463
Revenue
General Fund ($194,356) ($287,818) ($306,863) ($327,463)
Other Special Revenue Funds ($10,661) ($15,787) ($16,832) ($17,962)
Fiscal Detail and Notes
Allowing a sales tax trade-in credit for motor homes and camper trailers is expected to reduce General Fund revenue by $194,346 in fiscal year 2005-06 and $287,818 in fiscal year 2006-07.